The PMRCC, as a National Reporting Organization (NRO), had been newly formed last 22 November 2018 consisting of three (3) Parent Organizations and three (3) Associate Organizations. The Parent Organizations are the Geological Society of the Philippines (GSP), Society of Metallurgical Engineers of the Philippines (SMEP) and the Philippine Society of Mining Engineers (PSEM) while the Associate Organizations are the Philippine Stock Exchange (PSE), Philippine Mining and Exploration Association (PMEA) and Philippines-Australia Business Council (PABC).
The above organizations adhere to the Philippine Mineral Reporting Code (PMRC) 2007 which was patterned mainly after JORC 2004 and its Implementing Rules and Regulations (IRR) patterned after the Canadian NI 43-101.
With the support of the 3 Parent Organizations, the PSE as the issuer of the PMRC 2007 has been implementing the Code since 2010.
There are now >140 Competent Persons consisting of geologists, metallurgical engineers and mining engineers.